<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2015-12-23</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0001354513</issuerCik>
        <issuerName>CTC Media, Inc.</issuerName>
        <issuerTradingSymbol>CTCM</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001605775</rptOwnerCik>
            <rptOwnerName>Shtyrova Yulia</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>31A LENINGRADSKY PROSPEKT</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>MOSCOW</rptOwnerCity>
            <rptOwnerState>1Z</rptOwnerState>
            <rptOwnerZipCode>125284</rptOwnerZipCode>
            <rptOwnerStateDescription>RUSSIAN FEDERATION</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Former Controller/CAO</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <ownerSignature>
        <signatureName>/s/ Jean-Pierre Morel, Attorney-in-Fact</signatureName>
        <signatureDate>2016-05-09</signatureDate>
    </ownerSignature>
</ownershipDocument>
